Nifty trade plan for 23/06/2023
Nifty price action is more clean then banknifty
Banknifty can have wild movement as its more looks like trap, where nifty has its clean support and resistance.
We will follow a common basic fundamental rule to trade i.e buy at support and sell at resistance.
Major trend is bullish, intraday movement can be both ways, but with proper risk of 10-15 points we can take 1:3/4/5 RR trade set up.
Banknifty can have wild movement as its more looks like trap, where nifty has its clean support and resistance.
We will follow a common basic fundamental rule to trade i.e buy at support and sell at resistance.
Major trend is bullish, intraday movement can be both ways, but with proper risk of 10-15 points we can take 1:3/4/5 RR trade set up.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.